Motilal Oswal has given a buy rating to HCL technologies with a target price of Rs 930. The share price moved up by 0.86% from its previous close of Rs 802.30. The stock's last traded price is Rs 804.20.

HCL Technologies Ltd., incorporated in the year 1991, is a Large Cap company operating in the IT software sector.

Financials 

For the quarter ended 30-06-2020, the company reported a consolidated sales of Rs 17842.00 crore, down 4.01% from last quarter sales of Rs 18587.00 crore and up 8.61% from last year same quarter sales of Rs 16427 crore company has reported a net profit after tax of Rs 2935.00 crore in the latest quarter.

Promotor/FII Holdings

Promotors held a 60.3% stake in the company as of June 30, 2020, while FIIs held 25.6%, DIIs held 10.1 and public, and others 4%.